AGP Executive Report
Last update: 3 hours agoUAE SME Boost: Emirates Islamic launched an AED 1.5m business banking cash-prize campaign for UAE SMEs, running Sept 1–Dec 31, with 21 winners (AED 300k grand prize plus multiple AED 50k/100k awards) and extra entries for higher account balances and new-to-bank customers. Saudi SME Financing Push: Tarabut secured $50m in strategic funding to expand embedded finance for SMEs in Saudi Arabia, using real-time cash-flow and behavioral data to speed credit decisions and reduce reliance on paperwork alone. Egypt Venture Debt: GIZ Egypt and enpact’s Scale It Forward added AMAN, Bokra and Erada Finance as partners to pilot venture debt for Egyptian scaleups seeking growth without equity dilution. Oman Social Impact Awards: Nominations for Shabiba Jawa’iz Basma 2026 close Sept 20, with categories spanning clean energy, biodiversity, SME development, financial inclusion and women empowerment ahead of a Sept 30 ceremony in Muscat. Saudi Legal Tech for Local Teams: TransPerfect Legal expanded in-country eDiscovery in Saudi Arabia by hosting Relativity Server, Reef Discovery and Brainspace in Riyadh to help legal and regulatory teams process data locally. Saudi Fintech Valuation: Tabby raised $233m at a $6.5b valuation as it moves beyond BNPL toward broader full-stack finance, with SAMA approvals required.
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